217 Shares in Fair Isaac Co. (NYSE:FICO) Purchased by RPS Advisory Solutions LLC

RPS Advisory Solutions LLC acquired a new position in shares of Fair Isaac Co. (NYSE:FICO) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 217 shares of the technology company’s stock, valued at approximately $432,000.

Other hedge funds have also added to or reduced their stakes in the company. State Street Corp grew its stake in shares of Fair Isaac by 0.5% during the 3rd quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock worth $2,031,299,000 after acquiring an additional 5,472 shares during the period. JPMorgan Chase & Co. lifted its holdings in Fair Isaac by 1.1% during the third quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company’s stock valued at $1,308,460,000 after purchasing an additional 7,466 shares during the last quarter. Geode Capital Management LLC boosted its position in Fair Isaac by 1.0% during the third quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company’s stock worth $1,251,537,000 after purchasing an additional 6,510 shares during the period. International Assets Investment Management LLC increased its stake in shares of Fair Isaac by 189,461.6% in the third quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock worth $1,046,304,000 after purchasing an additional 538,071 shares in the last quarter. Finally, Principal Financial Group Inc. raised its position in shares of Fair Isaac by 0.5% in the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock valued at $724,122,000 after purchasing an additional 1,977 shares during the period. Institutional investors own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on FICO shares. The Goldman Sachs Group raised their price objective on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. JPMorgan Chase & Co. initiated coverage on Fair Isaac in a report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price target for the company. Oppenheimer decreased their price objective on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Jefferies Financial Group cut their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Finally, Robert W. Baird reduced their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $2,078.15.

Insiders Place Their Bets

In other Fair Isaac news, Director Marc F. Mcmorris sold 520 shares of the stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the transaction, the director now directly owns 242 shares in the company, valued at $520,921.94. This trade represents a 68.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP James M. Wehmann sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $2,195.19, for a total transaction of $6,585,570.00. Following the completion of the sale, the executive vice president now owns 51,911 shares of the company’s stock, valued at approximately $113,954,508.09. The trade was a 5.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,170 shares of company stock valued at $27,132,248 over the last 90 days. Insiders own 3.46% of the company’s stock.

Fair Isaac Trading Down 1.7 %

FICO stock opened at $1,724.97 on Friday. The company’s 50 day moving average is $1,928.65 and its 200 day moving average is $1,971.56. The stock has a market cap of $42.12 billion, a price-to-earnings ratio of 79.16, a price-to-earnings-growth ratio of 3.40 and a beta of 1.39. Fair Isaac Co. has a 1-year low of $1,105.65 and a 1-year high of $2,402.51.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. As a group, sell-side analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.